American television personality and host of ‘Mad Money’ on CNBC, Jim Cramer, has spoken positively about the leading cryptocurrency Bitcoin. In a recent tweet published on 24 November, Cramer, a former hedge fund manager, called Bitcoin “a great alternative” to gold. Cramer who is also the co founder of ‘The Street’ goes on to state...Read More
Cryptocurrency exchange Binance has reportedly asked some of its users in the US to transfer their holdings out of the exchange, within 14 days, and that if they did not comply, their account would be locked. Reports state the exchange has notified these users in the US via an email that read: Dear user, as...Read More
Speaking on the ‘The Pomp Podcast’ with host Anthony Pompliano, macro investor Dan Tapiero believed that roughly $15 trillion in wealth could flow into Bitcoin and gold over the next ten years. The co-founder of digital asset equity fund 10T Holdings, said that financial institutions could invest up to 10% of their portfolios in gold...Read More
Bitcoin touched $19,000 and its surge coincided with a session of losses for many top 50 cryptocurrencies, reinforcing the notion that capital chases a Bitcoin surge and flows out of the altcoin market. Source: CoinStats Polkadot and Dogecoin saw a sizable pullback on the most recent trading session, although their uptrend was unbroken. Monero saw...Read More
Sometimes large-cap altcoins move on the charts like they are in sync, and that has been what was happening over the past few days. Ethereum surged from $500 to $600 and so did the majority of the altcoin market. Cardano and VeChain were in a pretty similar scenario. Both coins saw registered gains of nearly...Read More
Lithuania’s tax authority, the State Tax Inspectorate or STI, reportedly sold confiscated cryptocurrency worth 6.4 million euro- worth about $7.6 million- and later transferred the funds to the state budget. This would be the first time that the Lithuanian government body has sold seized cryptocurrency for fiat. Reports state that the seized crypto assets consisted...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Polkadot’s short-term market and its impact on the price The eighth-largest coin, as per the CoinMarketCap listing, Polkadot [DOT] has been one of the major altcoins in the market. The project has noted great interest from the crypto users and as...Read More
Ripple Partner, TransferGo has managed to carve a niche for its services in the United Kingdom and other countries. The company provided money transfer services including remittances and has secured £4 million from Silicon Valley Bank UK Branch [SVB]. As per reports, the funding will help in the development and expansion of the company’s real-time...Read More
Bitcoin might be taking most of the attention but Ethereum is not being a pushover at the moment. A recent surge over $600 is re-vitalizing its market as well, and now external developments might be pushing Ether to new heights in 2020. In this article, we’ve analyzed Ethereum’s current market structure, alongside the key factors...Read More
Bitcoin was trading at $19,300 and Bitcoin Dominance climbed from the day’s low of 61.1% to 63.36%. This happened along with a pullback for many altcoins, and Ethereum also dropped slightly from $620. Bitcoin SV and Basic Attention Token were beginning to see a drop in price, while Cosmos had already exhibited a bearish divergence...Read More
XRP has found its major use in the remittance market through Ripple’s On-demand liquidity [ODL] service. The service has been able to boost financial access between countries with an underbanked population and among those was Latin America too. Bitso has been a prominent cryptocurrency exchange in Mexico and its partnership with Ripple has managed to...Read More
Cryptocurrency exchange OKEx has been in the spotlight ever since it announced a temporary suspension of withdrawals on 16 October. Although the exchange continued to ensure the community that the funds were safe, the news, nevertheless, had left many traders frustrated. However, now, OKEx revealed a reward program for users who continued to trade on...Read More
The altcoin market continued to rally as Bitcoin Dominance fell further to 61.42% of the market share. Chainlink ascended past $15 and was likely to see further gains in the coming days. Dash had strong bullish momentum as it breached the psychological level at $100, while Compound registered gains in recent hours that were at...Read More
Hong Kong-based digital assets exchange and app, Crypto.com has today announced that the cryptocurrency platform will receive in-principle approvals for a Financial Institution License, and a Class 3 Virtual Financial Assets (VFA) License from the Malta Financial Services Authority. A Class 3 VFA License authorizes exchanges to provide “execution of orders on behalf of other...Read More
After shaking off the slow weekend, Bitcoin’s price is back above $18600. Bitcoin traded above the $18500 level for nearly 3 days before the weekend and then dropped to $18200, even lower on some spot exchanges. However, according to Entrepreneur Qiao Wang, Weekends exist for shaking off weak hands before institutions turn their algos back...Read More
It would seem that there’s no stopping Bitcoin right now. A few days after the world’s largest cryptocurrency breached the much-anticipated $18,000-mark, BTC has crossed yet another milestone – $19,000. The latest development on Bitcoin’s price charts came on the back of a 6% surge in a matter of 3 hours with its current trading...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in XRP’s short-term market and its impact on the price The XRP market has been grabbing all the attention in the market after being pronounced dead on multiple occasions. The cryptocurrency has reclaimed its third spot on the CoinMarketCap list, as its...Read More
The altcoin markets saw remarkable gains made in a quick span of time, and more green was likely to be seen. Bitcoin Cash and Ethereum Classic surged past strong levels of historic resistance, while Aave could be set for a period of consolidation. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView The RSI was in overbought...Read More
Ethereum’s Ether has now breached the $600 range across some major crypto-exchanges today. Whilst Ether dipped by 1.0% in the last hour, ETH prices hiked by over 11.6%, in a 24 hour period at the time of writing. Overall, Ethereum was up by 31.7% in the weekly timeframe. Source: ETH/USD, TradingView In recent days, ETH...Read More
Bitcoin pioneer and podcaster, Max Keiser, believed that retail investors will be left out of the bitcoin market especially as the cryptocurrency’s price “rockets to $1,000,000 per coin,” which will make it more difficult and almost impossible for people to afford Bitcoin. According to Keiser’s own estimations, since in 2024, Bitcoin’s supply would get cut...Read More
One of the most hotly debated topics in crypto of late has been the question of whether the Ethereum 2.0 Genesis event will take place successfully on 1 December. The target for Ethereum 2.0’s on-time launch is set at 524,288 ETH. As of last week, only 20% of the target had been achieved. However, at...Read More
While it may have escaped the attention of many, Bitcoin is not the only cryptocurrency rallying right now. While Bitcoin’s price stood at $18,600 at press time, the combined market capitalization of all cryptocurrencies was north of $548 billion. In fact, Bitcoin’s dominance was down from 66% to 63.2%. In fact, some altcoins like XRP,...Read More
With a collective market cap of over half a trillion, it is safe to say that almost every major digital asset in the market is impressing its bag holders at the moment. Litecoin is no different and right now, for reasons unexpected, many are somewhat on its bandwagon once again. Source: LTC/USD on Trading View...Read More
Bitcoin Dominance continued to plummet on the charts, with the same noting a figure of 64.94%, at press time, down from 67.91% a few days ago. Further down the crypto-ladder, while Tezos enjoyed a breakout and tested a level of resistance, Verge posted gains and flipped a level of resistance to support, indicating that it...Read More
After PayPal emerged as a significant player in the Bitcoin market, after its decision to offer PayPal customers the ability to buy and sell BTC among other cryptocurrencies, the payment giant’s President and Chief Executive Dan Schulman, believed that cryptocurrencies will “play important roles” going forward. In a discussion hosted by CNBC’s ‘Squawk Box’ Dan...Read More
Bitcoin‘s recent purple patch seemed to face its first setback over the past 24-hours after Bitcoin dropped down to $17,610 from a high of $18,890 on 22 November. While the cryptocurrency’s price had recovered to climb above $18,000 at press time, the wheels, unbeknownst to everyone, might have been in motion over the previous week...Read More
Bitcoin’s recent rally has been driving up much interest in the crypto market at large, with BTC attracting several notable investors. In that regard, CEO of Ripple, Brad Garlinghouse acknowledged in a recent tweet that institutional investor interest in cryptocurrencies has been on the rise. In his tweet the CEO said: Never a dull moment...Read More
This is the final part of a three-part look at a monthly dollar-cost averaging strategy. In the first part, we discussed the idea and saw which three months gave the worst returns using this method. In the second part, we saw which months gave meh or flat returns, which also underlined the lack of volatility...Read More
Bitcoin’s discussion is no longer exclusive to developers and coders as a growing number from the general public is also backing the cryptocurrency. In recent news, the son of musician John Lennon- of the Beatles’ fame, and artist Yoko Ono’s son, Sean Ono Lennon, came out as a Bitcoin supporter. As part of a session...Read More
Circle and CEO Jeremy Allaire have been in the news a lot lately. Not only has the U.S government enlisted Circle’s help for a ‘foreign policy objective’ in Venezuela, but Circle also recently launched Yield USDC accounts for businesses. On the back of such developments, Jeremy Allaire recently expanded on the Master Plan for USDC...Read More
